World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Siemens to Supply Static Var Compensation for Qatar Steel’s New EAF Plant
22 March 2011 - Qatar Steel Company has placed an order with Siemens for an SVC Plus static Var compensator for its new electric steel plant in Mesaieed.
NLMK Boosts Color-Coating Capacity by Over 50%
22 March 2011 - NLMK has launched its 200,000 tonne/year Color-Coating Line No. 3 (CCL-3) for cold-rolled galvanized steel.
Severstal Appoints General Director of OAO Olkon
22 March 2011 - OAO Severstal announced the appointment of Alexander Nikolayevich Popov as General Director of the Olenegorsk Mining and Concentration Works, part of the company’s mining division, with effect from March 22, 2011.
Tata Steel Launches Maiden Offer of Perpetual Hybrid Securities
21 March 2011 - Tata Steel Limited has successfully completed India’s first-ever offering of Corporate Hybrid Securities with an issuance of Rs. 1,500 Crores (US$ 332 million).
Kashima Steelworks Restarts Operation of its No. 3 Blast Furnace
21 March 2011 - Sumitomo Metals Group’s Kashima Steelworks has restarted its No. 3 Blast Furnace, and is planning to restart the No. 1 Blast Furnace within the next several days.
Sandvik Materials Technology’s R&D Director Receives Kami Prize
21 March 2011 - Sandvik Materials Technology Executive Vice President and Head of R&D Olle Wijkhas received the Swedish Kami Foundation’s Kami Prize for almost 30 years of pioneering research in non-metallic slag inclusions in steel.
Posco Donates 100 million JPY to Earthquake, Tsunami Relief Funds
21 March 2011 - Posco announced plans to deliver earthquake and tsunami relief funds of 100 million JPY through Posco-Japan. Company employees are also voluntarily planning fundraisers to help support Japan as well.
Ruukki to Supply Steel Frame, Facade for Technopolis Ruoholahti Helsinki Phase II
18 March 2011 - Ruukki will supply the steel frame and façade for the second construction phase of Technopolis Ruoholahti Helsinki.
Nippon Steel Group Offers Support to the Earthquake-Stricken Areas
17 March 2011 - Nippon Steel Group is donating ￥500 million for relief and reconstruction of areas devastated by the March 11 Pacific Ocean earthquake.
Fortune Magazine Names Posco as World’s Most Admired Steel Company
17 March 2011 - Posco was selected as the most admired steel company by Fortune magazine, ranking first among metals companies in five of nine categories including innovation, HR management, managing ability, financial health and long-term investment.
Harsco Wins New Infrastructure Awards from Tata Group
16 March 2011 - Harsco receives new awards from Tata Group that further extend Harsco's ongoing industrial scaffolding support of facility maintenance at Tata Steel for an additional five years.
BHP Billiton Donates US$1 Million to Japanese Disaster Relief
16 March 2011 - BHP Billiton is making a donation of US$1 million to the Red Cross to assist with disaster relief in the wake of the earthquake and tsunami in Japan.
Kashima Steelworks Makes First Shipment after Earthquake
16 March 2011 - Sumitomo Metals announced that its Kashima Steelworks shipped light-weight H beams, pipe piles and steel sheets this week, the facility’s first shipment since the March 11 earthquake.
Gerdau, Rio Government Announce Investment of R$ 2.47 billion
16 March 2011 - The state government of Rio de Janeiro and Gerdau have announced investments of R$ 2.47 billion to increase the production of steel and rolled products at Gerdau’s Cosigua mill.
Additional Details on Effects from Earthquake, Tsunami, Power Outages
15 March 2011 - Goldman Sachs summarizes information from company statements and news reports regarding damages to steel production facilities in Japan following the March earthquake and tsunami. The company is estimating approximately 23% of capacity has received some level of damages or production curtailment.
Nippon Steel Reports on Impact of Tohoku Pacific Earthquake
15 March 2011 - Nippon Steel reported on the earthquake’s effects on company facilities, and the countermeasures the company has taken as of March 13, 2011.
Kobe Steel Reports on Impact of the Tohoku Pacific Earthquake
15 March 2011 - Kobe Steel reports no injuries or casualties among company employees in the March 11 earthquake. Production has restarted at Fujisawa, while damages are still being assessed at Moka.
Metinvest Certified to Ship Rebars to Belarus
14 March 2011 - Metinvest has completed certification of reinforcing bars for the market of the Republic of Belarus based on the standards for this region.
Sumitomo Extinguishes Fire, Plans for Restart at Kashima Following Earthquake
14 March 2011 - Sumitomo Metals reports that it did not have any injuries or casualties related to the 8.9-magnitude earthquake on March 11. A fire in the Kashima Works’ coke gas holder has been extinguished.
Qatar Steel Plans to Expand Steelmaking Facility
11 March 2011 - Qatar Steel has initiated a new project to increase the company’s overall production, including the addition of a new 110-tonne EAF, 110-tonne ladle furnace, and 6-strand high speed billet caster.
